You Can Still Live the Vintage Life in Logan Square: 2501 N. Francisco
This 2-bedroom vintage unit at 2501 N. Francisco in Logan Square caused a stir when we chattered about it in February 2009.
It was originally listed for $69,000 above the 2006 purchase price. Many of you thought it was priced too high.
See our prior chatter and pictures here.
It’s still available and has been reduced by $34,000.
It also has a new agent and some new pictures, including one of the lovely interior staircase that leads into the unit.
What’s the verdict on the listing price now?
Debbie Baren at @Properties now has the listing. See all of the pictures here.
Unit#2: 3 bedrooms, 1.5 baths, no square footage listed
- Sold in June 2005 for $275,000
- Sold in September 2006 for $280,000
- Was listed in February 2009 for $349,000
- Reduced several times
- Currently listed for $315,000
- Assessments are $117 a month
- Taxes of $3018
- Central Air
- In-Unit W/D
- No parking
- Bedroom #1: 13×13
- Bedroom #2: 14×10
- Bedroom #3: 9×7
- Also has a separate dining room
I think it was definitely the realtor’s fault they could not sell this place in 2008. Now with a new realtor and a steal of a discount at only 35k above 2006 pricing this will attract a flood of bidders in short order. /sarcasm
Ah yes the previous chatter was quite a gem. I think 315k with no parking is still a “wishing price” here.
“no parking”?
there’s not really any kind of parking problem at this location. Street parking is pretty easy, and there are garage spaces for rent all around.
Google Maps Street View shows there’s no garage, and barely a postage stamp backyard here, which is too bad. A little yard would be nice.
Would you feel comfortable parking your car on the street here? I hated parking my car on the street in lakeview and LP just due to the easy access you give your car to criminals and vandals.
This would be an OK starter home, that’s about it. 3rd BR is a den or office, period…it’s way to small to call it a BR. Lack of parking doesn’t cut it for me…not on a purchase. In my case it’s not because of the potential for vandalism per se, it’s because of the annoyance that comes with street parking in the winter. Don’t get me wrong, easy street parking is a plus to me, but solely for the reason of entertaining guests who drive to your place.
Oh, and the price is too high, duh…
Now that all signs point to a recovering economy, what are all of you going to bash now?
Housing should be fine in a 2 – 3 year period, and renting as always still sucks. What now Sabrina? Live at the gym?
Steve, you’re a realtor right…do you think prices have bottomed?
In my neighborhood they never really moved too much. 5% swings from positive to negative. Rents are inline with sales prices. I think they are flat and soft and that is about it.
Yes, they bottomed from Sept 2008 – Feb 2009.
Flat and soft?
“Would you feel comfortable parking your car on the street here? I hated parking my car on the street in lakeview and LP just due to the easy access you give your car to criminals and vandals.”
Given that I live about 4 blocks east of here, I think I can safely say, “YES, I’d feel totally comfortable parking my car on the street here.” Jeezuskeerist, I have no idea what kind of idea you have about this area, but it’s not filled with thugs lurking in every doorway and alley. If this were Garfield Park, sure, but it’s nothing like that. You really need to get in your car and drive around over by here, east of Kedzie, north of Fullerton. Or maybe not, maybe I’d prefer to keep our safe and neat little gem of a neighborhood a secret.
And, even if it were a dangerous place, I wouldn’t be dumb enough to leave stealable stuff like iPods, phones, laptops or GPS units in plain sight in my car, anyway. No temptations, no crimes.
sheeze.
“Would you feel comfortable parking your car on the street here? I hated parking my car on the street in lakeview and LP just due to the easy access you give your car to criminals and vandals.”
LV and LP are actually worse for this stuff than Logan Sq, as the cars are indeed more boring and have less goodies sitting out, and the neighborhoods have a reputation as being full of people with more money than they know what to do with (hence the point about people leaving valuables in open view in a car).
Ok well I wasn’t aware that Logan was a better place to park your car than LV or LP. I’m sure its much easier to find a space and there is no crime what so ever north of fullerton and east of kedzie. Either way, easy street parking is not even something I would consider when buying a property unless I had a garaged or at least a slab of concrete out back.
If i’m throwin down 300k on a place I better have a frickin place to park that I don’t have to put a chair to hold after shoveling out my space for an hour on a crappy winter day. Or have to move on street cleaning days. I’m sure you get probably twice the tickets you normally would if you park on the street. Sounds awesome!
“LV and LP are actually worse for this stuff than Logan Sq”
My friends and I used to always note that it seemed like LV and LP were where criminals went to rape and rob. In rougher hoods people have more of a tendency to resist or fight back it seems.
“I wasn’t aware that Logan was a better place to park your car than LV or LP.”
now you do – no charge.
“I’m sure its much easier to find a space and there is no crime what so ever north of fullerton and east of kedzie.”
well duh it’s easier to park, you’re further out from higher zoned areas.
the crime is obviously there, it’s just different. do you have a few bales of dope in your garage or packages of coke that you need to move on the street while also defending your “sales” from rival drug dealers? if not, I’d say you’re at least as safe in Logan Sq.
LP and LV have higher crimes rates cause that is where the money is
^^^
Its probably more along the lines of if you’re going to rob somebody theres a better chance of them having more money in their pocket in neighborhoods like LP & LV. Same crime and potential punishment but better expected return.
Same thing on the rape: chances are the girl will be better looking and/or drunk(er). Although I’m not so sure of this as it could generally be a crime of impulse and it seems lately a lot of rapes have been getting publicity on blue line neighborhoods.
But also the level of resistance. $50 to someone in LP could mean much less than to someone from a more inexpensive hood.
I walk around with 50-150 most of the time and would turn it over easily as the money means little to me these days. There was a time when I would fight for as little as $15 because I was poor and broke most of the time.
Bob said (still reeling from the crack overdose of a few days ago):
“Same thing on the rape: chances are the girl will be better looking and/or drunk(er). Although I’m not so sure of this as it could generally be a crime of impulse and it seems lately a lot of rapes have been getting publicity on blue line neighborhoods.”
I gotta hand it to ya, this is the most ignorant thing you have ever posted here. I was put off by your toll road ticket situation and the way you tear apart the rentals you vacate, but this comment is so off the wall and degrading that I will now be scrolling by all of the posts that have you name on them. IDIOT!
“…Either way, easy street parking is not even something I would consider when buying a property unless I had a garaged or at least a slab of concrete out back.
If i’m throwin down 300k on a place I better have a frickin place to park that I don’t have to put a chair to hold after shoveling out my space for an hour on a crappy winter day. Or have to move on street cleaning days. I’m sure you get probably twice the tickets you normally would if you park on the street.”
Sonies, maybe you shouldn’t live in the city… I’m a 50-something woman, and I’m not as big a fraidy-cat sissy-pants as you’re sounding to be here…
I don’t get parking tickets, since I’m at the office when they are street-sweeping, and Manny has us on a regular schedule all year anyway. On my particular block we have permit parking too, which I think is well worth the little it costs me.
Now, back to the property at hand; run your own checks on crime and danger at everyblock.com or the police clearmap site, for beat 1414.
“Sonies, maybe you shouldn’t live in the city… I’m a 50-something woman, and I’m not as big a fraidy-cat sissy-pants as you’re sounding to be here…”
Maybe I’m just the “smartest guy in the room” who sold his car 4 years ago because the street parking in the city was rediculous?
Well I’m too fat to be a hipster (they don’t make skinny jeans in my size). I’m going to ride over to Logan Square this weekend to see what all the fuss is about though. Here’s hoping I don’t get mugged!
With all this talk of “Bottom!” this a.m. on crib chatter, thought it might be worth noting this place closed for $290k. . .
“Is appreciation alive and well?”
(Plus I thought maybe this would bring out Heitman again. . .)